Stephens Investment Management Group LLC Buys 294,210 Shares of Acadia Healthcare Company, Inc. (NASDAQ:ACHC)

Stephens Investment Management Group LLC increased its stake in shares of Acadia Healthcare Company, Inc. (NASDAQ:ACHC) by 24.9% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 1,475,166 shares of the company’s stock after purchasing an additional 294,210 shares during the quarter. Stephens Investment Management Group LLC’s holdings in Acadia Healthcare were worth $58,490,000 as of its most recent SEC filing.

Other institutional investors also recently added to or reduced their stakes in the company. Wellington Management Group LLP lifted its position in shares of Acadia Healthcare by 12.2% during the third quarter. Wellington Management Group LLP now owns 11,658,253 shares of the company’s stock valued at $739,250,000 after buying an additional 1,266,384 shares during the last quarter. Holocene Advisors LP raised its stake in shares of Acadia Healthcare by 201.5% during the 3rd quarter. Holocene Advisors LP now owns 972,513 shares of the company’s stock worth $61,667,000 after acquiring an additional 649,997 shares in the last quarter. JPMorgan Chase & Co. boosted its stake in Acadia Healthcare by 17.0% in the third quarter. JPMorgan Chase & Co. now owns 3,126,607 shares of the company’s stock valued at $198,258,000 after acquiring an additional 454,044 shares in the last quarter. Bank of Montreal Can grew its holdings in Acadia Healthcare by 2,456.1% in the third quarter. Bank of Montreal Can now owns 324,569 shares of the company’s stock worth $20,539,000 after purchasing an additional 311,871 shares during the last quarter. Finally, PFM Health Sciences LP increased its position in shares of Acadia Healthcare by 63.3% during the third quarter. PFM Health Sciences LP now owns 686,150 shares of the company’s stock worth $43,509,000 after purchasing an additional 265,986 shares in the last quarter.

Acadia Healthcare Stock Performance

Shares of ACHC stock opened at $41.96 on Friday. Acadia Healthcare Company, Inc. has a 52-week low of $36.50 and a 52-week high of $87.77. The company has a quick ratio of 1.07, a current ratio of 1.07 and a debt-to-equity ratio of 0.60. The stock has a market cap of $3.90 billion, a PE ratio of 13.76, a price-to-earnings-growth ratio of 1.75 and a beta of 1.30. The business has a 50-day simple moving average of $42.10 and a 200-day simple moving average of $54.83.

Analysts Set New Price Targets

ACHC has been the topic of several research analyst reports. Barclays dropped their target price on Acadia Healthcare from $76.00 to $43.00 and set an “overweight” rating on the stock in a research note on Friday, November 22nd. TD Cowen decreased their price objective on shares of Acadia Healthcare from $70.00 to $66.00 and set a “buy” rating for the company in a research report on Tuesday, January 7th. Royal Bank of Canada reissued an “outperform” rating and set a $64.00 target price on shares of Acadia Healthcare in a research report on Friday, January 10th. Deutsche Bank Aktiengesellschaft upgraded shares of Acadia Healthcare from a “hold” rating to a “buy” rating and lifted their price objective for the stock from $45.00 to $75.00 in a research note on Thursday, December 12th. Finally, Cantor Fitzgerald reissued a “neutral” rating and issued a $52.00 target price on shares of Acadia Healthcare in a research report on Tuesday, December 10th. One research analyst has rated the stock with a sell rating, two have given a hold rating and seven have assigned a buy rating to the stock. According to data from MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus target price of $70.22.

Acadia Healthcare Profile

Acadia Healthcare Company, Inc provides behavioral healthcare services in the United States and Puerto Rico. The company develops and operates acute inpatient psychiatric facilities, specialty treatment facilities comprising residential recovery facilities and eating disorder facilities, comprehensive treatment centers, and residential treatment centers, as well as facilities offering outpatient behavioral healthcare services for the behavioral healthcare and recovery needs of communities.